Insurance penetration at less than 1%

There is ample potential for the short term insurance business to grow in Botswana as less than one percent of the population is covered.

According to chief executive officer of Old Mutual Botswana, Jack Bekker the low insurance penetration in Botswana and Africa as a continent provides significant opportunities for the industry.

“There is great potential for growth on the African continent, given the low insurance penetration and the expected increase in middle class households.

Editor's Comment
No room for perjury

It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...

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